OLO Kouts 2 Parcel Real Estate Auction

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Real Estate Auction
Bidding Begins to Close September 29th @ 5:30pm CDT
Parcel 1: 501 North Main Street Kouts, IN.
Welcome to downtown Kouts and this beautiful homestead being sold at auction. Built in 1940 this 1.5 story Cape Cod home features 2400+ finished square feet, partial basement, 3 bedrooms, and 2.5 baths. Highlights of the home include central air, wood burning stove in the family room, updated kitchen with stainless steel appliances, hardwood floors, and a wood deck. Detached from the home is an oversized 2 car garage next to the home. What makes this property truly special is the large pole barn behind the home. This custom barn has a 24'x38' pole barn with two additional lean-to structures and an additional storage shed. The home, garage and barn set on a 0.91 acre lot with mature trees. This home is a rare find, and do not miss your chance to buy this one at auction. Taxes 2024 Pay 2025: $1,994.94 (with exemptions).
Minimum Opening Bid: $129,900.00
"Sells to the highest bidder at or above the opening bid!"
Parcel 2: Adjacent Vacant Lot on North Main Street Kouts, IN.
Parcel Number: 64-16-07-476-007.000-014
Here is a rare opportunity to find a buildable lot in downtown Kouts. This 1.38 acre lot is 226' x 266'. Building lots are far and few between, so do not miss this opportunity! This lot is also to the south of parcel 1, and a great addition for the parcel 1 buyer too. Taxes 2024 Pay 2025: $436.96.
Minimum Opening Bid: $19,900.00
"Sells to the highest bidder at or above the opening bid!"
Open House: September 21st 10am-12pm. Can't make it? Call for a private showing.
Owner: Timothy and Donna Brown Life Estate
General Terms: $10,000 non-refundable down payment per parcel due within 24 hours of sale closing, sold as-is, closing in 30 days, possession at closing, warranty deed, taxes pro-rated and final to day of closing, published minimum bid $129,900 and $19,900, and subject to a 10% buyer's premium or $3,500, whichever is greater. Buyer's may obtain financing, but sale is not contingent on financing. Buyer broker participation is welcome.
Kraft Real Estate Auctions, LLC - AC31900011
Col. Conrad Kraft- AU01023657
Jonathan Kraft – AU10500173
Managing Broker: Jay Mayden
219-973-9240 ~ Info@KraftAuctions.com
KraftAuctions.com


